COST ANALYSIS OBJECTIVES INTRODUCTION MEANING DEFINITIONS TYPES OF COSTS MONETARY COSTS REAL COSTS OPPORTUNITY COSTS ECONOMIC COSTS ACCOUNTING COSTS INCREMENTAL COSTS SUNK COSTS FUTURE COSTS PRIVATE‚ EXTERNAL AND SOCIAL COSTS FIXED / SUPPLEMENTARY / OVERHEAD COSTS VARIABLE / PRIME COSTS REPLACEMENT COSTS PRODUCTION COSTS SELLING COSTS CONTROLLABLE COSTS DIRECT COSTS INDIRECT COSTS SHORT RUN COSTS CURVES LONG RUN COSTS CURVES OBJECTIVES To understand the meaning of cost. To discuss different types
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COST ANALYSIS Prepared by: Nebuchadnezzar Rabaya OBJECTIVES To provide a basic understanding of the nature of cost analysis. To give highlights on the importance of cost analysis on any venture. To present a clear overview on various types of costs. Cost Definition: an amount that has to be paid or spent to buy or obtain something. Analysis Definition: is the process of breaking a complex topic or substance into smaller parts to gain a better understanding of it. What is cost analysis
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Recruitment Programme 2014 Management Accenture (www.accenture.co.za/gradSA) Apply online (CD: 15 August) Barclays Africa (www.joinus.barclays.com/africa) Apply online (CD: 31 July) (250 avail positions) BP (www.bp.com) Apply online (CD: 31 August) (20 avail positions) Brandhouse Beverages (www.brandhouse.co.za) Apply online (CD: 30 October) (20 avail positions) Distell (www.distell.co.za) Apply online (CD: 30 September) (40 avail positions) Ernst & Young (www.ey.com/za) Apply online/ via
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corporations have to take. Cost analysis is one of the factors that should be taken into consideration while evaluating financial and investment decisions. This paper reviews the concept of cost analysis‚ how it is used in decision making‚ and how firms usually involve cost analysis in evaluating different projects. Furthermore‚ the paper discusses some of the main concepts that are derived from cost analysis such as cost allocation‚ cost-effectiveness analysis‚ and cost-benefit analysis. In addition‚ some
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Recruitment and Selection is the core function of the HR Department. It refers to the complete process of attracting‚ selecting and hiring the appropriate candidate for the job position in the organization. According to Edwin Flippo‚ “Recruitment is the process of searching the candidates for employment and stimulating them to apply for jobs in the organization.” It is the activity which links the employers and the job seekers. The process begins when new recruits are sought and ends when their applications
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Chapter 7 Analysis of Costs Costs affect input choices‚ investment decisions‚ and even the decision of whether to stay in business. A. Economics analysis of costs 1. Total cost: fixed and variable (1) Total cost represents the lowest total dollar expense needed to produce each level of output q. TC rises as q rises. (2) Fixed cost represents the total dollar expense that is paid out even when no output is produced. FC is unaffected by any variation in the quantity of output. (3) Variable cost represents
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warehousing and shipping cost is not really correct. The current method is direct method which ignores In term of Shipping and Warehousing cost‚ low volume products should incur this cost instead of both high volume and low volume products. Because‚ high volume products are deliveried directly to customer so it does not incur the cost of shipping. The low volume products which are sent to distribution center incurred the cost of shipping and warehousing. However‚ the cost of shipping and warehousing
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happens if a different price is selected. This affects the overall profit/ loss. The organiser can also change costs in the yellow shaded area. [pic] I created a sheet called Costs of running the event and linked the cells to the sheet named Model. This allowed me to create a chart to show clearly what venue costs. I created another sheet called Analysis so that Organisers could see what happens when different amounts of tickets are sold for each venue. I created
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A Comprehensive Project Report On “Effective E-Recruitment in India” [In partial fulfillment of the requirement for M.B.A. Programme (2011-13) in GTU] Guided By Prof. Harsh Modha Submitted By Pooja Nimavat ------------------------------------------------------------------------ Noble Group of Institutions – Department of Management Junagadh [Gujarat Technological University] Preface When I started my Research in e-Recruitment is preference for the topic was related to e-HRM. I preferred
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Monitoring and evaluating knowledge management strategies Nature does not measure. Nature recognizes patterns. (Senge) IKM Background Paper October 2009 Joitske Hulsebosch‚ Mark Turpin and Sibrenne Wagenaar IKM Background Paper‚ Monitoring and evaluating knowledge management strategies. October 2009. About IKM Emergent In April 2007‚ a five-year research programme was approved for funding by the Directorate General for International Cooperation (DGIS)‚ which is part of the Dutch Ministry
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